IDEAS home Printed from https://ideas.repec.org/a/aes/amfeco/v6y2004i16p57-60.html
   My bibliography  Save this article

Globalization Process Coordinates

Author

Listed:
  • Rodica Milena Zaharia

    () (Academy of Economic Studies, Bucharest)

Abstract

Globalization is, perhaps, the most widely discussed phenomenon today. Globalization occasionally manifests itself dramatically in its effects on the lives of ordinary people. Globalization is not just a destructive force; it's also a powerful phenomenon in order to improve the material well-being of humankind. Even in such context, globalization is still not universally understood, and positions for or against are often taken on the basis of ideological leanings or good feelings. Globalization can bring benefits but, in the same time, can have very unpleasant implications. To cut the prices, to enlarge the telecommunication, to have the possibility of being connected to the “real world” 24 hours are some of the positive consequences of globalization. The very close inter-dependences the globalization entails allow the propagation not only for the benefits but also for the risks. The possibility of “defence” against a crisis or an economic or political instability, occurred in some part of the world, is smaller and smaller. The first consequence of what globalization means at the level of interdependences is, perhaps, represented by the crisis in Asia, whose effects were felt worldwide. This article describes the main dimension of globalization and examines some of the implication for both developed and developing countries.

Suggested Citation

  • Rodica Milena Zaharia, 2004. "Globalization Process Coordinates," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 6(16), pages 57-60, September.
  • Handle: RePEc:aes:amfeco:v:6:y:2004:i:16:p:57-60
    as

    Download full text from publisher

    File URL: http://www.amfiteatrueconomic.ase.ro/arhiva/pdf/no16/articol_fulltext_pag57.pdf
    Download Restriction: no

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aes:amfeco:v:6:y:2004:i:16:p:57-60. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valentin Dumitru). General contact details of provider: http://edirc.repec.org/data/aseeero.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.